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20121224
20130101
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CNBC 9
CSPAN 6
CNNW 4
KQED (PBS) 3
CSPAN2 2
FBC 1
KCSM (PBS) 1
KPIX (CBS) 1
KQEH (PBS) 1
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LINKTV 1
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English 36
Search Results 0 to 36 of about 37 (some duplicates have been removed)
CNBC
Dec 27, 2012 4:00am EST
around the world. president obama and congress return to work today with little progress seen on a deal to avoid the fiscal cliff as the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government battles to weaken currency. exports are rising, pushing the nikkei to its strongest gain in 20 years. .shares of toyota are heading higher after the u.s. settled a class action lawsuit. the $1 billion payment is already priced in. okay. welcome to "worldwide exchange." plenty of news to watch out of washington. all of this week, we thought it would be a quiet one. but i won't be inside the beltway if they want to get something done. the u.s. will hit the $16.4 trillion debt ceiling come monday. in a letter to congressional leaders, geithner says treasury will begin taking steps to save the government about $2 billion. geithner says it's harder to predict a time frame because the ongone fiscal cliff talks make it difficult to forecast next year's budget. among the measures treasury will take
LINKTV
Dec 30, 2012 4:00pm PST
.s. congress on how to avoid the so-called fiscal cliff. earlier, president obama spoke on how to avoid the budget crisis. and turkey's prime minister has said the war in syria will soon be over. he made the comments as he visited refugee camps on the turkish border. protesters in india who have been calling for harsher punishments for rapists have been holding a candlelit vigil in the capital the they gathered in new delhi -- delhi to mourn the death of a 23-year-old gang rape victim. the attack on her earlier this month throwed nypd protests. six suspects have been charged with murder after she died sunday. she had been receivering medical attention in spinning. the -- in singapore. she's been cremated. rebels in the central african republic are reported to be only one town away from the capital. the army was forced to retreat when the rebels advanced on saturday. they already have control of four other regional capitals in both the north and center of the country. rebels have rejected offers to negotiate. there's been more violence in iraq where sunni muslims are continuing to demons
WHUT
Dec 31, 2012 8:30am EST
. >> the agreement that the obama administration and congress made was to cut six percent of the defense budget. which even it was cut would be well above what was pre-9/11 numbers. >> so we'll be looking at more than a trillion dollars in cuts to our defense budget over the next ten years. where will those cuts be? the much shorter answer is, where won't those cuts be? >> we're talking about $650 billion. we can reduce that by well over $100 billion a year. i believe, frankly by, not in the first year but by a couple of years from now, by $150 billion a year and still be far safer than we've been and without any potential threat to our ability to exist. >> and in the next five years, the military will downsize its active duty personnel and move many of them from europe back to the u.s. in a pivot to asia. >> the key budget and strategic question, as i look out over next five years or so is, is how does the u.s. remain strong or even add to its strength in asia without simply reinforcing what i think of as the legacy systems that we've had for generations that were our means of projecting power
CNBC
Dec 26, 2012 5:00am EST
for nearly every american. dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold right now down about slightly under the flat line there, 1,-658. well below the 1,700 mark. the cme globex has been closed for christmas. it's going to reopen at 6:00 a.m. eastern time. that goes for treasuries and the foreign exchange market, as well. >> as for action in the overseas markets, the u.k. is closed today for boxing day as are some of the former brish colonies. in europe the dax down about there a
CBS
Dec 26, 2012 7:00am PST
obama and congress will reach a deal in time but that number has dropped in the past week. president obama plans to cut short his family vacation in hawaii leaving for washington late tonight. yesterday, he spoke to troops at a marine corps base in hawaii. >> on behalf of michelle and myself and our whole family we do this every year. this is where i was born so we come back for the holidays but one of our favorite things is always coming to the base on christmas day and having a chance just to meet you, those of you who have families here and to say thank you for the extraordinary work and service that you guys do each and every day. >> chip reid is in washington with more on the budget talks. chip, good morning. >> good morning, rebecca. as you mentioned, the president plans to cut short his vacation in hawaii and fly back to the white house later tonight, arriving about noon thursday. here in washington there has been no communication between republicans and democrats about how to avoid going over the cliff. before the christmas break speaker john boehner
PBS
Dec 27, 2012 4:30pm PST
country to recognize, in this state, that a strike combined with the ongoing negotiations between congress and president obama regarding, um, the so-called fiscal cliff could be a one, two combination knock out for nation's economy. >> if a strike does happen that means a big chunk of the more than 14,000 members of the international longshoresmen association will be off the job. >> reporter: the ports impacted generate an estimated $11 billion in state and local taxes annually. but losses from any strike will be felt far beyond the coast, with industries as diverse as agriculture, manufacturing and retail taking a hit. that's got the national retail federation urging president obama to intervene: >> the ports are a critical component to the u.s. global supply chain and a potential strike or shutdown to the ports not only impacts retailers but all other businesses who rely on the ports to move the nation's commerce. >> reporter: the sticking point in negotiations: a decades old law, called the container royalty fund. it was established in the 1960s to help dockworkers displaced by technolo
CNBC
Dec 28, 2012 4:00am EST
exchange." i'm kelly evans. >> and i'm louisa bojesen opinion. >>> president obama calls congress back to the capital. >>> investors are bracing for the final eurozone bond sale of the year. italy is expected to see solid demand when it sells up to 6 billion euros of longer dated paper today. >> and japan's finance ministers saying other countries have no right to lecture japan on its currency policy instead calling for the u.s. to seek a stronger dollar. >>> let's take a quick check of the u.s. markets. the dow, nasdaq and s&p 500 down four days in a row something on the average of 2% when it come to the nasdaq. we're seeing pointed arrows this morning, again. looking to shed three or four points at the open, similar small decline seen for the nasdaq and for the s&p. most are still well in the green for the year, although december will be a down month unless the nasdaq can turn it around quickly. european bourses, the ftse 100 just barely lower, though, not moving too much. the xetra dax is an underperformer, down about .3%. the cac 40 also a mirror image of what we saw yesterday. the
CBS
Dec 31, 2012 7:00pm EST
. i'm susie gharib. with just hours to go a deal emerges to avert the fiscal cliff, but can congress pass the measure in time? president obama says they can, we've got the latest from washington, on what could happen before the new year's day deadline. and wall street ends the year with a rally and healthy gains. s&p strategist sam stovall joins us with where he sees stocks headed in 2013. that and more tonight on "n.b.r."! washington lawmakers are getting close to a fiscal cliff deal, but they might not get it done before the midnight deadline tonight. the senate could vote in time, but it's possible the house will wait until tuesday. that means the u.s. could go over the fiscal cliff. on wall street today, investors bought up stocks on high hopes of deal after president obama said this afternoon a deal is "in sight," and positive comments from republican leaders in the senate. here's how the major averages closed on this last trading day of 2012. the dow surged 166 points, the nasdaq jumped about 60, and the s&p rose almost 24 points. while wall street has already closed the books
CNBC
Dec 31, 2012 4:00am EST
. will congress and president obama be able to pull together a fiscal cliff deal in time? we'll let you know, when we come back. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> well, of course, it isn't just the fiscal cliff we're counting down to. it's new year's eve and we want to say happy new year to everyone who is joining us or watching the program here today. earlier, we asked have you made any resolution, trade or otherwise, for 2013. we've got a couple at least. one here from jeff who says i resolve to invest in pets and pampering. petsmart people love pets and profit from it. that's true, actually. ac tweets to accomplish m
FOX News
Dec 29, 2012 8:00pm PST
essentially rewrite legislation. changing the tax congress passed to declare obama care constitutional which is a littleec scary that the highest justice is -- justices in the land would take the activist roll. that's what is scary. the backdrop of the presidential year was europe. we know where this path leads. all this turmoil, the huge welfare and the low productivity and high unemployment that comes along with them, that was the backdrop of the presidential campaign. voters voted, and they said, yes, we are going to keep moving in that direction, kim. where do you think the electorat is here? is it be ibd hue the choices that -- is it behind the choices that jason suggested they might be? >> barack obamaus won this election by very effectively making this a referendum about his opponent, mitt romney. if you went out and asked most americans, do you think barack obama did a great job in his first term? do you want significantly higher taxes? do you want the government to do nothing about spending? are you happy with obama care? most would say no. but in the end the choice was between a pr
CNN
Dec 31, 2012 4:00am PST
, president obama sign the executive order that gives executive worker as a pay raise. won wonders whether congress has earned their raise. grover and i have never agreed on anything rat all except the fact that congressmen shouldn't have had a raise on thursday. good morning, goo to see again. >> good morning. >> you continue to engage in the conversation which i always appreciate. let me ask you this, you don't want taxes going up on anyone. but when things looked like they were aat an impasse and house speaker john boehner, the highest elected in the country. put forward his plan b about a week ago, you read it through, and you said you would be okay with people who had signed this anti tax pledge of yours voting for that bill. voting for an increase of taxes. and you will phrase it differently. voting for something that will allow taxes to go up for those that make more than $1 million a year. that seems like a sea change. why did you agree to that? >> it wasn't a sea change. this is a written commitment by many congressmen and senators, governors, state legislators, that they'll oppos
CSPAN
Dec 26, 2012 7:00am EST
nature of the problem. host: mavericks'writes -- guest: actually not. mr. obama had a democratic congress when he came in, 60 votes in the senate, which , amount-- senator brown had won in massachusetts. but he started out with 60 and then it went down to 59 when senator kennedy and sadly died. i really admired senator kennedy as much as any man who ever served in the senate, even though we did not agree. mr. reagan had to deal with tip o'neill. that was one of the great events in washington politics because you had two extraordinarily capable politician opposing points of view. mr. reagan was poorly matched. mr. obama had nancy pelosi as speaker of the house. but hardly the same thing. host: from massachusetts on the line, democrat. caller: good morning. i have a comment and question. i am trying to find out, the situation you're in right now, why is everybody fighting about what we should do? i am gmt and i am broke every day. i'm down here with people that paid taxes and work hard every day. -- i am an emt. people don't understand that would ever happens with the fiscal cliff, people d
CSPAN
Dec 26, 2012 5:00pm EST
's police. mr. chairman, we know the impact of president obama's sequestration policy that congress unfortunately approved in august of 2011 and with the adverse affect on our uniformed personnel being numbers of less than or equal to that of immediately before world war ii. the number of naval vessels being reduced or cut to naval operational size of world war i era. the air force having the smallest number of operational aircraft in the history of united states of airforce. that is what the are looking at, because of president obama sequestration policy. everyone here in washington is involved in this attack on our national defense capabilities from a financial perspective. the united states of america has limited funding. i would strongly urge us to use the $480 million being spent on the congo, instead being used to help to people in united states of america who are in need of help, or help reduce the deficit that was testified to be the greatest national security threat to the united states of america. it is a matter of priorities. i appreciate the very noble -- i emphasize the
PBS
Dec 27, 2012 6:30pm PST
the u.s. two months of grace. president barack obama has said he is still hopeful that a resolution can be reached this year. he cut short his vacation in hawaii to restart negotiations with republicans in congress. before christmas, the president called for bipartisan cooperation. >> now is not the time for more self-inflicted wounds, certainly not those coming from washington. >> analysts say failure to reach a deal with poison u.s. consumer spending. the fiscal cliff would trigger tax increases and government spending cuts in january, leaving far less money in the economy. the international monetary fund warrants of knock on effects for the global economy. -- warns of knock on effects for the global economy. the pressure is on in washington to agree on a plan. only then might the applause on wall street be a little more genuine. >> with the clock ticking ever more loudly in washington, let's bring in our correspondent. first off, are the prospects of an agreement as dim as we are hearing, or could there be a last-minute deal? then of course this could happen, but i think it is quite
CNN
Dec 31, 2012 2:00am PST
rubeio. 51% for former florida governor jeb bush. president obama plans to submit gun control legislation to congress in 2013. that will deal with assault weapons specifically, as well as background checks on gun sales. as you might realize, it's spurred on by the school massacre in newtown, connecticut, killed 20 children and 6 adults. murdered his mother and killed himself. speaking yesterday on "meet the press," the president says something has to fundamentally change in this country. that newtown shootings cannot feel like what he called a routine episode. >> that was the worst day of my presidency, and it's not something that i want to see repeated. >> vice president joe biden is leading a task force that will submit legislative proposals to the president in january. >>> also, happy new year, new zealand. auckland. and the start of 2013 with the fireworks display from sky tower, tallest free standing structure in the southern hemisphere. >> and as auckland rings in the new year, preparation under way in times square. heart of new york city, coming up next. >> and more from washington
CNBC
Dec 27, 2012 6:00am EST
of it, having president obama back in washington today, and having congress still out, is not the right message to end. people right now feel that the republicans are the party of no, that they are the ones causing this, they are going to get blamed. the fact of the matter is, is that they are doing the fiscal responsible thing here and that's where they can hang their hat. is that they have to hold on for deficit spending, and they still have the debt ceiling to hold in their back pocket if they need to. >> so what would, if you had been advising boehner, what would you advise him to say yes to? >> well, you know, he has to push the president to get more spending cuts. >> well, he tried that. he tried that. the president's in the cat bird seat, though. the president can say no and the republicans still get blamed. >> and then he came up with this plan "b" is really where things went off the rail. because it just looked like a mess publicly. >> all right. keith, what -- i mean, i know that it's not your party, but what would you advise the republicans to do, if anything in the next two
CSPAN
Dec 29, 2012 11:30pm EST
by the indiana rep. he will talk about the 113th congress in his priorities. join us sunday at 10:00 eastern and again at 6:00 p.m. eastern. >> as president obama begins his second term, what is the most important issue? >> if you are in grades 6 through 12, make a video about your message to the president. is your chance to win $5,000. the deadline is january 18. for more information go to studentcam.org. >> next a discussion on climate science, politics, and global warming. from the commonwealth club of california, this is about one hour. [applause] >> thank you for coming. we are delighted to be here. welcome. seven years ago, there was a consensus in washington that the earth's atmosphere could be altered. it is a different story. over the next hour, we will discuss opinion, with james hansen and our live audience here at the in san francisco. today, dr. hansen is receiving the 2012 stephen schneider award for outstanding climate science climate one. stephen schneider was a who was involved in the formation of climate one that[applause] sandy. new york? to place it in a modern context, w
CSPAN
Dec 30, 2012 10:30am EST
for a possible plan on taxes and spending. president obama was on "meet the press of" today saying the pressure is on congress to make a deal. he was optimistic, but he said that they cannot come to an agreement, he wants the senate majority leader to introduce legislation to make sure middle class taxes stay where they are. live coverage of the senate on c-span2 when the gavel in. the house out to woodcock with the boats as early as 6:00 looking at a number of legislation from veterans to foreign aid. you can watch the house live here on c-span. >> republican olympia snowe from maine is also retiring at the end of the 112th congress after three terms. next, her farewell address. it is about 35 minutes. >> i rise today with an infinite appreciation for the institution of the united states senate as well as a profound sense of gratitude. as i prepared to conclude my 18 years in the senate and my nearly 40 years in elected office on behalf of the people of maine. madam president, it has been difficult to envision the day when i would be saying farewell to the senate. just as it was impossible to
FOX Business
Dec 24, 2012 11:00am EST
. dennis: president obama and house speaker boehner have not spoken since friday with time running out to avoid going over the fiscal cliff. dagen: with the president and congress on a christmas break, will they miss their year end deadline? peter barnes? peter: just got a note from one of the speaker's spokes people he said the speaker and the president have not spoken since that phone call on friday. all eyes are now on the senate when it returns on thursday to try to get a deal to avoid the fiscal cliff. this past friday before the president left for his family vacation in hawaii, he proposed a limited measure to avoid all of the cliff when speaker boehner scuttled his plan b, the president wants to extend the bush tax cuts now for the middle class and try to avoid some of these deep spending cuts on january 1st. a white house spokesperson says today that staff discussions continue between the administration and the hill. in july you may recall the senate democrats passed an extension of the middle class tax cuts if r a year at a -- for a year at a cost of 157 billion. that bill als
FOX News
Dec 30, 2012 1:00pm PST
and the next congress will have to started on it all over again. >> gregg: molly henneberg, molly thanks. >> arthel: mixed messages on fiscal cliff, next today. republican senator lindsay graham expressing optimism on deal and president obama is calling out lawmakers for rejecting offers for last month. >> what do you think the chances of a small deal in the less 48 hours to avoid the cliff? >> exceedingly good. i think what have we accomplished, a political vick for the president. the president has stood his ground. he is going to get tax rate increases but upper income americans and sad news for the country we have accomplished very little of not becoming greece. this won't affect the debt situation. it will be a political victory for the president and i hope we'll have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in. but hats off to the president. >> we have been talking to the republicans since the election has been over. they have had trouble to say yes to a number of repeated offers. >> so what kind of deal if any can we e
CNBC
Dec 24, 2012 9:00am EST
to leave for obama to have a hastily called friday evening press conference saying, you know what, congress, you have ten days, you go work it out. it's doable. >> it's been an interesting year. of course, we started off so well, in terms of expectations for economic growth. we had an election this year, too. i think that's another thing that is sort of the key. we hit europe again as we had the last two years previously. but this last quarter, i think there's been a lot more optimism, even with the fiscal cliff sitting there, as sort of this potential, real roadblock at the end of the year. perhaps even too much optimism some would say. when you speak to ceos, there's still a lack of confidence, i would argue on the part of many of them, that you would like to see more of. perhaps a reflection of their concerns about the fiscal crisis that may weigh on our tax spending policies. >> we'll start over the next week or so talking about performers for the year. top s&p performer is pulty, which says how people are viewing how people will view what's driving the economy in the coming year. bank
CSPAN
Dec 27, 2012 5:00pm EST
in this area for the second term of president obama? >> i think we still have split control of congress said there is a limit to what he can do on his own. he will try to use the regulatory process and executive authority like he daid to do wht he can, but he can't appropriate money. i think there are some things that members of congress will agree with. use the regulatorydisclosure does not c, were very little money, it is likely to be favored by both sides. the reauthorization of the higher education act. it might not happen on time, if we look at the last authorization that was supposed to happen in 2003, they had 13 extension bills. take that long't this time around. there will be a lot of proposals for major changes. then by redesign the student loan programs. they might redesign the grant programs. it is worth commenting on >. >> i know that there is certainly aware of it. they have been hearing about this problem, that is one thing that does not require congressional action. the consumer financial protection bureau is the new game in town. people don't think of them as a federal loan
FOX News
Dec 31, 2012 3:00pm PST
four years. >> president obama said a deal is in sight and appeared at a campaign style event to remind everyone he is winning and g.o.p. is not. >> last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. the agreement currently discussed would raise those rates, raise them permanently. >> republicans suggest the event may backfire to accuse the republican of rubbing their nose in defeat. >> the president won. we know that. he won fair and square. isn't it now time to govern? >> the president was out of line with his comments at 1:30 afternoon. this is a delegate time. i think the democrats would be embased after what the president did. >> after months of the president promising a balanced approach there are only tax hikes for rich without new spending cuts. today he hinted at more tax hikes ahead. warning republicans that the future deficit reduction will not come from cuts alone. >> if they think that is the formula for how we solve this thing, they have another thing coming. that is not how it will work. >> republicans fire back
CNBC
Dec 24, 2012 5:00am EST
. >>> the deadline to avoid the fiscal cliff is just a week ago. on fri, president obama said he still hoped to work out a deal to keep taxes for 98% of americans from going up on the first of january. but both sides aren't talking and congress is in recess until after christmas. republicans aren't holding out any hope for a deal. >> i would hope that we would have one last attempt here to do what everyone knows needs to be done, which is a larger plan that really does stabilize the debt and get us moving in the right direction. >> if we get down to the end of this year and the oil only choice we have is to save taxes going up on the middle class, then i would support that. but i wish we had a comprehensive bill that dealt with spending and entitlement altogether. >> i believe the president senses a victory at the bottom of the cliff. >> some finger pointing. other republicans are now looking past new year's day to the next battleground. >> i will raise the debt ceiling only if we save medicare and social security and prevent this country from becoming greece. no more borrowing without addressing wh
CSPAN
Dec 26, 2012 9:00am EST
it felt to have literally your request in the dissent, that it's up to congress, answered in the ledbetter act passed. and i believe the first law that president obama signed. >> i should perhaps process might answer by saying when anything is ready to be reviewed, the author of the majority opinion will summarize the decision from the bench. not read every word of the often long opinion. and then will note at the end justice so-and-so has filed a dissenting carry. so they're not ordinary from the bench unless you feel that the court not only got it wrong, but meaningfully so. and that was when i thought in the lilly ledbetter case, i think most of you have heard about this case. lilly ledbetter was an area manager for a goodyear tire plant in gadsden, alabama, and she was the lone woman in such a position at that plant. when she was engaged in the 1970s, she got the starting salary for people in that position. but over the years, her pay slip in relation to her male peers. whether she suspected it our she didn't want to be known as a troublemaker, and and then one day and she was close to
PBS
Dec 29, 2012 12:00am PST
advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a whit
CNN
Dec 31, 2012 9:00am PST
in a sobering reali reality. we're talking about the major tax hikes for almost every one of us if congress does not reach an agreement on the fiscal cliff. president obama is now scheduled to make a statement about the negotiations. that's going to take place about 1:30 or so, in less than 30 minutes. we'll bring it to you live at the white house as soon as it happens. we want to talk about what is going on behind the scenes. you have negotiations led by the vice president and senate minority leader mitch mcconnell. sources are telling us they are making some progress, but here's the catch. if a deal is reached, there is no guarantee it's going to pass. here's what democratic senator tom harkin said on the senate floor earlier this morning. >> if we're going to have some kind of a deal, the deal must be one that really does favor the middle class. the real middle class. those that are making 30,000, 50,000, 60,000, 70,000 a year. that's the real middle class in america. and as i see this thing developing, quite frankly, as i've said before, no deal is better than a bad deal, and this looks like
CNBC
Dec 28, 2012 6:00am EST
't think it will go into february. i really don't. i think it will be the new congress, you know, coming in with all kind of bluster. this is the first thing they want to go done. ambition from the new congress. there's really not a whole lot -- i believe president obama thinks he can blame the republicans and history will be kind to him if he does. i don't know about a recession. i think we get about a 12-month deal. but there's still a lot of headwinds. that longshoreman's strike knot a small !mnw34>> welcome back pop "squawk box." dow looks like it would open down. it's gotten worse this morning. up about 67 points. s&p would be off over 6 points. the fass dak would be off over 14 points. >> and we weren't in the -- that down a few minutes ago. >> right. >> what did bob iaccino say? >> it might not have been him. >> is ed doing it? who is doing it? >> anybody who had any real money to trade would have traded it before the holidays. very, very thin markets right now. >> and i don't know if we're going to have a chance to talk about your -- >> yeah, we will have a chance t
CNBC
Dec 31, 2012 6:00am EST
. then at 8:00 a.m. eastern, senator ron johnson and bob corker. president obama issued a warning on "meet the press." >> on midnight, december 31st, if congress doesn't act, then everybody's taxes go up. and for the average family, that could mean a loss of $2,000 in income. for the entire economy, that means consumers have a lot less money to make purchases, which means businesses are going to have a lot less customers, which means that they're less likely to hire and the whole economy could slow down at a time when the economy is starting to pick up. >> but after it was all said and done, leaders on the senate floor couldn't get anything done, at least not yet. >> there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know, i'm willing to get this done, but i need a dance partner. >> this morning, we've been trying to come up with some counteroffice to my friend's proposal. we haven't been able to do that. i've had a number of conversations with the presid
FOX News
Dec 26, 2012 8:00am PST
it is not all that rare. kelly? kelly: jamie, thanks. right now president obama is cutting his vacation short to head back to washington and jump-start the fiscal cliff negotiations with congress. talks fell apart before christmas. the deadline now is just days away and there is no deal in sight to avoid the tax hikes and spending cuts set to go into effect january 1st. our juan williams is a fox news political analyst and he joins us today and very quickly, juan, merry christmas to you. >> merry christmas, kelly. kelly: this is daunting task facing congress to avert the so-called fiscal cliff that will set into motion more than $600 billion in drastic and draconian allic tax hikes and spending cuts. that will cause a lot of pain for all americans and does congress have enough time to act on this? >> they do. you know it will be very close and it may in fact go beyond the deadline per se although people are thinking at the moment it is possible to get something done by the end of this week. the key here, kelly, is the senate. we have been so focused on the house, speaker boehner, plan. about,
CNN
Dec 28, 2012 9:00am PST
the country's financial problems, president obama and kocongressional leade will meet this afternoon to hopefully avoid the fiscal cliff. one man in texas is not waiting for congress to act. he is doing his part to fix the country's finances and send a message as well. kyung lah has the story. >> reporter: in his unheated garage, 85-year-old garcia is working to fix the fiscal cliff. one can at a time. how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a handwritten ledger. over the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we're paying absolutely too much interest, too much interest. >> reporter: it really bothers you. >> it bothers me because it makes no sense. >> reporter: sense is something garcia's wife of 59 years thinks her husband could use. do you think he's crazy? [ speaking spanish ] >> uh-huh. >> reporter: call him crazy, but there's an entire federal office of bureau of public debt that collects money like
CSPAN
Dec 24, 2012 7:00pm EST
. so three days after that beautiful speech, the conservatives in congress came to the white house and had a meeting and eric cantor, congressman from virginia articulated the conservative perspective on increasing taxes, that we shouldn't do that. you know what obama said three days after a point to listen to you, especially when they disagree? he said i want come at you last time i trump on that. a week later he said i want the folks who got us in this mess to do a whole lot less talking and a lot more listening. you can talk a little bit, but i want you to stand beside mine while we clean this up for you. unbelievable, condescending notion of unifying the country and bringing us together. instead, there came the steady mantra of attack and vilify the other side. no ideas. it was just like his 2008 campaign for president was not idea of the spirit is hope and change, lofty speeches with no substance with the letter. he was going to be the post-partisan president and yet almost immediately it was conservatives are hostage takers. they are the economy. they care only about milliona
CSPAN
Dec 25, 2012 1:00am EST
. the very first thing when he's elected to congress, the very first thing he does is propose -- how does that answer your question? >> a history lesson. >> the point i was trying to record, i can go on forever, but book, in the obama chapter, president obama. no, he's always been consistent on this. >> any other questions? all right. well, thank you both so much for[applause] national captioning institute] [captions copyright national cable satellite corp. 2012] >> here is what is coming up on christmas day. a look at women in leadership position. several holiday celebrations from around washington, d.c. we looked at the biggest foreign policy events of the year. >> i was handing out leaflets for robert kennedy. i broke with the democratic party and went to work for john lindsay. i went down to the liberal party. i was handing out leaflets on a street corner in new york. and a woman thought it was acucute. she asked me why and i made an early case for lindsey and i made the case against his opponent. she handed me a box of pastry. i took a back to headquarters. there were all these dough
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